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AI In Computer Vision Market Report 2023-2032 : Market Size, Growth Drivers And Key Trends | Apple Inc., Google LLC, Microsoft Corporation
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's AI In Computer Vision Global Market Report 2023 identifies the growing need for computer vision technologies as the major driver for the AI In Computer Vision market's growth in the forecast period. Computer vision is used in agriculture for plant detection, crop monitoring, and automatic weeding. It is also used in retail for self-checkout and people counting, manufacturing for autonomous driving, and robotics. The growing need for computer vision technologies in various business sectors like manufacturing is driven by AI in the computer vision market, as it is employed to identify objects, allowing them to recognize and categorize a greater variety of things.
The global AI in computer vision market is expected to grow from $20.71 billion in 2022 to $26.60 billion in 2023 at a compound annual growth rate (CAGR) of 28.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The AI in computer vision market is expected to reach $72.14 billion in 2027 at a CAGR of 28.3%.
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Major competitors in the AI In Computer Vision market are Apple Inc., Google LLC, Microsoft Corporation, Meta Platforms Inc., Huawei Technologies Co. Ltd.
A key trend in the AI In Computer Vision market includes integration of edge computing. Major companies operating in the AI in computer vision market are concentrating on creating revolutionary products integrated with edge computing technology to improve their market share. Edge computing has emerged as a critical feature of computer vision, allowing data analysis at the network's edge instead of in the data center or Cloud.
Read More On The Global AI In Computer Vision Market Report Here:
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The AI In Computer Vision market is segmented -
• By Component: Software, Hardware
• By Function: Training, Interference
• By Machine Learning Model: Supervised Learning, Unsupervised Learning, Reinforcement Learning
• By Application: Industrial, Non-Industrial
• By End User: Automotive, Consumer Electronics, Healthcare, Agriculture, Transportation And Logistics, Retail, Security And Surveillance, Manufacturing, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the AI In Computer Vision market.
The Business Research Company's "Global AI In Computer Vision Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The AI In Computer Vision Market Include:
1. Executive Summary
2. AI In Computer Vision Market Characteristics
3. AI In Computer Vision Market Trends And Strategies
4. AI In Computer Vision Market - Macro Economic Scenario
5. Global AI In Computer Vision Market Size and Growth
……
32. Global AI In Computer Vision Market Competitive Benchmarking
33. Global AI In Computer Vision Market Competitive Dashboard
34. Key Mergers And Acquisitions In The AI In Computer Vision Market
35. AI In Computer Vision Market Future Outlook and Potential Analysis
36. Appendix
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